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Search Result for “$8 billion”

Showing 1 - 10 of 24

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GENERAL

Bank of Thailand holds key rate at 2.50%

Published on 21/08/2024

» The Bank of Thailand (BoT) left its key interest rate unchanged for a fifth straight meeting on Wednesday, as widely expected, despite a sluggish economy and fiscal policy uncertainty after the Constitutional Court dismissed Srettha Thavisin as prime minister last week.

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OPINION

Financial crisis looms over Thailand

Oped, Chartchai Parasuk, Published on 25/01/2024

» The definition of an "economic crisis" is much debated in Thailand. This is because one of the requirements for enacting the emergency fiscal borrowing decree is that the economy must be in crisis.

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MOTORING

Auto loan segment volatile

Somruedi Banchongduang, Published on 20/01/2024

» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.

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GENERAL

A year of milestones

Business, Post Reporters, Published on 26/12/2023

» As 2023 concludes, the year stands out for a multitude of noteworthy events and news.

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GENERAL

Global slowdown threatens Thai growth

Business, Nareerat Wiriyapong, Published on 06/12/2023

» Although the Bank of Thailand's revised GDP growth forecast of 3.2-3.8% next year is possible, analysts are warning that an economic slowdown in China and the US means downside risks remain, while the effectiveness of government stimulus to ignite the economy is questioned.

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THAILAND

Analysis: Move Forward takes step back

News, Post Reporters, Published on 18/11/2023

» The main opposition Move Forward Party (MFP) is struggling to live up to its name as it is mired in internal strife, which is eating away at its popularity, according to political analysts.

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GENERAL

Banking on responsible lending

Business, Somruedi Banchongduang, Published on 18/11/2023

» As authorities try to ease swelling household debt, the Bank of Thailand plans to implement responsible lending guidelines to improve loan quality in the financial system, starting on Jan 1, 2024.

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THAILAND

'Economy crying for stimulus'

Published on 16/11/2023

» The government insists the economy is in a crisis and requires a stimulus package to prevent the situation from deteriorating and a recovery harder to mount.

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OPINION

A tale of liquidity and (too much) debt

Oped, Chartchai Parasuk, Published on 05/10/2023

» Before starting the article, I want to convey a message to the government. The message is "Nothing is free; everything has to be paid for". Acting like Santa Claus is nice, but the government should be aware that every handout gift comes with a price tag.

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THAILAND

Purple Line plans worry art chiefs

News, Supoj Wancharoen, Published on 15/04/2023

» The Fine Arts Department has raised concerns over the need to avoid as many historic sites as possible along a new extension of the Purple Line which will run through Bangkok's Rattanakosin Island old town area.